SKF India closes trading window from July 1 until Q1FY27 results

SKF India (Industrial) Ltd has closed its trading window for designated persons effective July 1, 2026, to prevent insider trading ahead of its financial results. The window will remain shut until 48 hours after the company declares its financial results for the first quarter ending June 30, 2026. This restriction applies to the company's Directors, Promoters, Key Managerial Personnel, Designated Persons, and their Immediate Relatives.

The decision is in accordance with the company's Code of Conduct on Prevention of Insider Trading (PIT Policy), which is framed in line with the SEBI (Prohibition of Insider Trading) Regulations 2015. The regulations are amended from time to time to ensure compliance with market standards.

Key Details of the Closure

Parameter	Details
Start Date	July 1, 2026
End Date	48 hours after Q1FY27 results declaration
Quarter End	June 30, 2026
Affected Parties	Directors, Promoters, KMP, Designated Persons, Immediate Relatives

The closure is a standard procedural measure implemented by companies to ensure that no insider trading takes place while unpublished price-sensitive information is in possession of designated individuals. The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited on June 19, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.25%	+10.18%	+26.88%	+8.95%	-1.68%	-1.68%

SKF India (Industrial) Limited has filed the transcript of its Analyst and Institutional Investor Meeting held on May 13, 2026. The meeting was conducted to discuss the financial results for the quarter and year ended March 31, 2026. The disclosure was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Financial Performance

The company reported a solid sales growth of 9.8% quarter-on-quarter, reaching INR 9.5 billion. This performance was primarily driven by significant growth in the OEM segment, specifically in wind, metals, and rail sectors. Sales to wind customers surged 91.0% quarter-on-quarter, driven by orders from ZF and Suzlon. The metals segment also saw strong deliveries to Tata Steel and SAIL, while rail sales grew by 12.0%.

Profitability metrics showed substantial improvement. The company reported a 1,731 basis points increase in Profit Before Tax (PBT) to 9.5% for the quarter. However, this figure includes one-time demerger-related expenses of INR 183 million incurred during the quarter. Excluding these one-time costs, the adjusted PBT margin stood at 11.5%, compared to 13.1% in the previous quarter. The margin decline was attributed to a shift in product mix towards lower-margin OEM sales and higher employee costs due to bonus accruals.

Operational Highlights

Operational efficiency improved as net working capital was reduced by 2.8% quarter-on-quarter, representing 18.7% of sales. This reduction was largely driven by a 16.9% decrease in inventory levels relative to sales. The company also noted a significant jump in cash flow, aided by working capital reduction and tax adjustments.

Parameter	Q4FY26 Details
Sales Growth (QoQ)	9.8%
Sales Value	INR 9.5 billion
PBT Margin (Reported)	9.5%
PBT Margin (Adjusted)	11.5%
Net Working Capital	18.7% of Sales
Inventory Reduction	16.9%

Strategic Outlook

Management outlined its 'ACES' strategy, focusing on Accelerating Localization, Commercial Excellence, Disciplined Execution, and Working as One SKF. The company plans to invest around INR 800 crores over the next four to five years, including a significant chunk for a new Pune plant expected to be commissioned by the end of 2028. Near-term margin guidance anticipates a return to approximately 13% as demerger costs normalize, with a long-term target of 15% by FY29-30.